Monocle banking podcast
South Africa’s economic outlook is showing signs of improvement, but is the progress as promising as it seems?
Michael Avery was joined by Dr Azar Jammine, director and chief economist at Econometrix, to unpack the country’s fiscal position and broader economic outlook. From narrowing budget deficits and the impact of rising commodity prices to persistent unemployment and growing infrastructure backlogs, the conversation explored whether recent improvements reflect meaningful progress or mask deeper structural weaknesses. They also discussed the role of economic reforms, investment and sustainable growth in shaping South Africa’s financial future.